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7 February 2025 | 7 replies
3 seperate buildings, parceled as 3 seperate addresses so investor can get single family financing on this, is that correct?
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17 February 2025 | 9 replies
Correct, you as the "lender" have to control the contract as the buyer.
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11 February 2025 | 20 replies
Is that correct?
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26 February 2025 | 23 replies
It’s absurd to pay someone who fails at thier job to correct thier problem.
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26 February 2025 | 22 replies
So, if you fail to apply the correct assumptions to a property, your expectations won’t be met and it may even be a financial disaster.We use the following to rank Property Classes, in order of importance:Property Tenant Pool: closely linked to location, but not always.Property Location: closely linked to tenant pool, but not always.Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.
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11 February 2025 | 11 replies
I'd keep the property if those numbers are correct.
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25 February 2025 | 11 replies
Yes, there are liability protections in an LLC and if done correctly, can help protect you in the case of litigation.
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6 February 2025 | 7 replies
There are online platforms like Rentable.com that will handle opening the correct accounts / all compliance tasks related to managing deposits
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24 February 2025 | 16 replies
I don't invest right in the city but I do invest south of there so if you end up looking at places there feel free to reach out if I can offer any insight.Jeremy is very correct - zip codes won't give you a good idea of price.
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2 February 2025 | 4 replies
Also, an LLC only offers you protection if you use it correctly!